To: elmatador who wrote (117944 ) 4/11/2016 3:08:06 PM From: Maurice Winn Read Replies (2) | Respond to ElM, there is nothing that money can do other than be spent. It's useless other than when it's being spent. Uncle Scrooge did enjoy his money, diving in it, throwing it up and letting it hit him on the head. But it just sat there if he wasn't diving around in it. The Panama people don't have a money bin. They own assets around the world that do things, producing economic value. If their trust has a bank account somewhere, the money is loaned to somebody else to build a house or something. <The book is about inequality how the rich keep getting rich and poor poorer. And now with the Panama Papers, it becomes clear the mechanism. Picketty advocates in his book the taxation of the rich to equalize income.
